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Business & Finance

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Indian Navy escorts its first WFP vessel in Somalian waters
Business & Finance

Indian Navy escorts its first WFP vessel in Somalian waters

An Indian Navy frigate reached a milestone recently as it became the first Indian warship to escort a vessel of UN’s World Food Program. INS Sunayna completed the escort for the first time since counter-piracy deployments began in 2008, following an escort request by EU NAVFOR. A WFP dhow was transp

about 7 years ago
After calls for Black Sea FONOPS, US to support Ukraine Navy with $10m investment
Business & Finance

After calls for Black Sea FONOPS, US to support Ukraine Navy with $10m investment

The US state department announced on Friday it would support the development of Ukraine’s naval capabilities with $10 million in foreign military financing (FMF). FMF enables eligible nations to purchase US-produced military equipment, services, and training. The department said the investment was i

about 7 years ago
Corruption probe spoils German training ship’s 60th birthday celebration, threatens its return to sea
Business & Finance

Corruption probe spoils German training ship’s 60th birthday celebration, threatens its return to sea

A ceremony to mark 60 years of service of German Navy sail training ship Gorch Fock has been postponed indefinitely amid a corruption probe related to the ship’s €135 million refit that is currently underway. In an announcement on December 11, the German Navy said a high-profile 60th anniversary cer

about 7 years ago
Royal Navy destroyer nets largest drug haul in Combined Maritime Forces’ history
Business & Finance

Royal Navy destroyer nets largest drug haul in Combined Maritime Forces’ history

After making two narcotics interceptions in late November and early December, Royal Navy destroyer HMS Dragon has now carried out the largest drug haul in the history of the Bahrain-based Combined Maritime Forces (CMF). According to CMF, Dragon seized and destroyed just shy of 10,000 kg of illegal n

about 7 years ago
Australia, France, US wrap up ASW exercise in Arabian Sea
Business & Finance

Australia, France, US wrap up ASW exercise in Arabian Sea

The navies of Australia, France and the US concluded a four-day ‘Ship Anti-Submarine Warfare Readiness and Evaluation Measurement’ (SHAREM) 195 exercise in the Arabian Sea on December 18. Participating ships included French navy F70AA-class air defense destroyer FS Cassard (D 614), and Royal Austral

about 7 years ago
Canadian ships return from worldwide operations
Business & Finance

Canadian ships return from worldwide operations

Royal Canadian Navy vessels ranging from coastal defense vessels through frigates to replenishment oilers returned to their Atlantic and Pacific bases from operations in European, South American, and Asia-Pacific waters. Kingston-class coastal defense vessels HMCS Edmonton and Nanaimo returned to Ca

about 7 years ago
Saab launches new Vidar laser rangefinder
Business & Finance

Saab launches new Vidar laser rangefinder

Swedish defense technology company Saab announced it has launched a new laser rangefinder named Vidar. Vidar is currently in production for the situational awareness system that Saab will deliver for Australia’s new Arafura class offshore patrol vessels. Luerssen Australia awarded Saab the contract

about 7 years ago
EU NAVFOR celebrates a decade of operations
Business & Finance

EU NAVFOR celebrates a decade of operations

The European Union Naval Force (EU NAVFOR) celebrated ten years of maritime operations on December 8. Commanded from its military HQ in Northwood, London, the European Union Naval Force was officially launched on December 8, 2008. Codenamed Operation Atalanta, it is a naval force generated by EU Mem

about 7 years ago
Three shipbuilding consortia get funds for their Type 31e frigate plans
Business & Finance

Three shipbuilding consortia get funds for their Type 31e frigate plans

Three shipbuilding teams have received funds from the UK to continue developing their plans for the construction of Type 31e frigates. On December 10, 2018, the country’s Ministry of Defense (MoD) awarded three contracts for the Competitive Design Phase. The contracts have been awarded to consortia

about 7 years ago
Second Royal Navy Dreadnought submarine to be named HMS Valiant
Business & Finance

Second Royal Navy Dreadnought submarine to be named HMS Valiant

The second Royal Navy Dreadnought-class ballistic missile submarine will be named HMS Valiant, the UK defense secretary has announced. In addition to naming the submarine, defense secretary Gavin Williamson announced a £400 million funding boost for the Dreadnought program. The planned funding relea

about 7 years ago
Royal Navy destroyer seizes three tons of hashish in Middle East
Business & Finance

Royal Navy destroyer seizes three tons of hashish in Middle East

Royal Navy Type 45 destroyer HMS Dragon has seized three tons of hashish in a Persian Gulf operation, the Royal Navy informed. The Portsmouth-based destroyer was on patrol in the Middle East when they came across a suspicious dhow – a type of vessel common to the Middle East – in a notorious drug sm

about 7 years ago
Russia fires on, seizes three Ukrainian Navy ships in Sea of Azov dispute escalation
Business & Finance

Russia fires on, seizes three Ukrainian Navy ships in Sea of Azov dispute escalation

Months of rising tensions between Russia and Ukraine in the Sea of Azov escalated on Sunday when Russian forces first fired upon and subsequently seized three Ukrainian Navy vessels as they were trying to enter the Sea of Azov through the Kerch Strait. Latest reports say six Ukrainian sailors were i

about 7 years ago
Royal Navy retaining its Batch 1 River-class OPVs
Business & Finance

Royal Navy retaining its Batch 1 River-class OPVs

The Royal Navy is retaining its three Batch 1 River-class offshore patrol vessels for at least the next two years, UK defense secretary Gavin Williamson announced on November 22. The announcement follows the previous decommissioning of two of the ships in the class, HMS Severn in 2017 and HMS Tyne i

about 7 years ago
ASC to work with Jeumont Electric on Collins Class, Future Submarine programs
Business & Finance

ASC to work with Jeumont Electric on Collins Class, Future Submarine programs

Australian submarine specialist ASC has secured an agreement with French submarine electric motor manufacturer Jeumont Electric to collaborate on motors in Australia for both the Collins Class and Future Submarine programs. Under the long-term collaboration agreement, the duo will exploit synergies

about 7 years ago
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